ECB nominates Andrea Enria as Chair of Supervisory Board

Governing Council proposal for new head of ECB Banking Supervision submitted to European Parliament

Final approval after parliamentary vote to be taken by Council of European Union

The Governing Council of the European Central Bank today nominated Andrea Enria as the new Chair of the Supervisory Board. He was selected from a shortlist of candidates compiled by the Governing Council on 26 September.

The ECB today informed the Chair of the European Parliament’s Committee on Economic and Monetary Affairs (ECON), Roberto Gualtieri, about its decision, in line with the Interinstitutional Agreement between the ECB and the European Parliament. The ECB also informed the President of the Economic and Financial Affairs Council, Hartwig Löger.

Mr Enria will be invited by the ECON Committee to a public hearing. Andrea Enria (57) currently serves as the Chairperson of the European Banking Authority.

If approved by the Parliament and confirmed by the Council of the European Union, Mr Enria will succeed Danièle Nouy as Chair of the Supervisory Board on 1 January 2019. The Chair is appointed for a non-renewable five-year term.

Subscribe to The Financial Analyst to get original opinion and all the latest news on trending financial topics and breaking stories related to analysis and global markets. If you have a tip or a financial opinion to share get in touch to submit your story.